wait for the market to shift from bearish to bullish on 4 h timeframe please like and comment for support
wait for price to enter the circle shown on chart after that we will look for trend reversal to enter a nice long position all the way to at least 1.23 and propably 1.25 i will notify you on this post when is a good time to enter a long position so follow this idea for updates check my previous analysis on eurusd to see how accurate i was like if you agree
as i said in previous analysis EURUSD will touch 0.382 retracement(shown as red area) before goin to 1.5 price has taged the correction trendline and it will go all the way down to 1.209 you can now go short with TP on 1.2095 and after that if we will wait for reversal to go long to 1.5 IT HAS 1:2 RR ratio SO IF YOU ARE NOT A RISK TAKER WAIT FOR A LONG POSITION...
in order to complete AB=CD pattern eurusd has to reach 1.25 but before that it will retrace to 0.382 fib level so you can either short with target point of 0.382 fib level or you can wait until the correction end and enter for a long from 0.382 level like and support please
price has touched its trend line and it has retraced to 0.5 fib level
price is close to 0.618 Fib retracement level and it has touched trend line you can enter a long position on the next green candle on 4 h timeframe above the trend line shown in chart like this idea if you found it useful
this wave may be just a retracement and should not be considered bullish trend we are still in a bearish trend
on 1 hour time frame it has reached its descending channel top and if price stays below 1864 it will fall to 1750 it has broken the 1864 support on 1 h TF you can enter on next candle close